Credit Unions for Small Business Lending
Credit Unions for Small Business Lending Credit Unions are filling the lending void left by banks according to Charles "Chip" Filson. To check out more see the Las Vegas Review Journal: http://ow.ly/E1SL
Credit Unions for Small Business Lending CUNA CEO Dan Mica discusses why Congress should lift the credit union MBL cap in an interview with Bloomberg's Pimm Fox.
www.bloomberg.com
Daniel Mica, chief executive officer of Credit Union National Association, talks with Bloomberg's Pimm Fox about rules limiting lending by U.S. credit unions.
Credit Unions for Small Business Lending NY Times article on CIT bankruptcy. CUs stand ready and willing to fill the void...
www.nytimes.com
Small independent banks are joining together with a simple message: You can trust us -- we didn’t cause the crisis and didn’t need bailouts.
Credit Unions for Small Business Lending Nice article in the Friday, Oct. 16 Dayton OH Business Journal stating credit unions have money to lend to small businesses. It contains some good quotes from some of the local credit unions.
dayton.bizjournals.com
Credit unions leap to fill void in credit crunch
Credit Unions for Small Business Lending Check out today's New York Times Article, Credit Tightens for Small Businesses. Credit unions are ready and willing to make small business loans...
www.nytimes.com
Lenders are waiting to take losses in commercial real estate and credit cards before loosening up money.
Credit Unions for Small Business Lending Good story today from CNN.com on small business lending. They recognize that credit unions and small banks are a source of funds but suggests that's not enough to help small business in this environment. This can be cited as a reason to raise the MBL cap; it won't solve small business needs completely but will allow... CUs to do more at a time when more is needed.
money.cnn.com
Even as the economy improves, financing may continue to be elusive for small businesses that drive job creation in the U.S.
Credit Unions for Small Business Lending Eli Lehrer of CEI sent a letter to Congress today in support of "Promoting Lending to Small Businesses Act". To read the full letter, click here:
cei.org
Today’s difficult economic situation stems, in large part, from a shortage of credit. Banks, thrifts and other financial firms are not lending at the same levels they did in years past. The result is that private capital for investment remains in woefully short supply. ...
Credit Unions for Small Business Lending Small Businesses Find a New Source for Funding
online.wsj.com
Unable to get loans at banks, more small businesses are turning to credit unions, most of which didn't get in on the subprime-loan market.
online.wsj.com
While a bankruptcy filing by troubled CIT Group Inc. could create immediate disruption for entrepreneurs and small businesses in the U.S., they would eventually find financing from other lenders - likely at higher cost.
